Congratulations
CONGRATULATIONS
Congratulations for the excellent interview of Prof MM Sharma in the recent issue of MoneyLIFE. Both the interviewer and the interviewees deserve compliments. The photographs too have reflected the true spirit of Prof MMS. I have one more important observation to make. I notice that the scrips recommended by you to investors have been arrived at after thorough...
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Eyes Wide Shut

Why do investors latch on to past performance of funds even though it has little correlation with the future? Debashis Basu explains

In our last issue, we discussed how a study by Litman/Gregory Fund Advisors (LGFA) “failed to unearth a significant positive correlation between past relative performance and future relative performance.” However, the idea that the past gets repeated is firmly...

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Detariffing = Costlier Roti, Kapda Aur Makaan

You thought detariffing will reduce insurance premium? Perish the thought, says Shalini Amarmani

The detariffing era of insurance, under which insurance costs were supposed to be made flexible, has arrived. However, the much-awaited event has had a damp start with Insurance Regulation and Development Authority (IRDA) diluting the price-setting freedom to almost nil. IRDA has instructed...

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